Tokio Marine Asset Management Co. Ltd. Buys 1,749 Shares of The Procter & Gamble Company (NYSE:PG)

Tokio Marine Asset Management Co. Ltd. increased its stake in The Procter & Gamble Company (NYSE:PG - Free Report) by 2.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 66,355 shares of the company's stock after purchasing an additional 1,749 shares during the period. Tokio Marine Asset Management Co. Ltd.'s holdings in Procter & Gamble were worth $11,124,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. RPg Family Wealth Advisory LLC bought a new position in Procter & Gamble in the 3rd quarter worth approximately $33,000. New Wave Wealth Advisors LLC acquired a new position in Procter & Gamble during the 4th quarter worth $46,000. Costello Asset Management INC grew its stake in shares of Procter & Gamble by 2,142.9% in the third quarter. Costello Asset Management INC now owns 314 shares of the company's stock worth $54,000 after purchasing an additional 300 shares in the last quarter. Mendota Financial Group LLC increased its holdings in shares of Procter & Gamble by 58.0% during the fourth quarter. Mendota Financial Group LLC now owns 376 shares of the company's stock valued at $63,000 after purchasing an additional 138 shares during the period. Finally, Itau Unibanco Holding S.A. raised its stake in shares of Procter & Gamble by 138.7% during the third quarter. Itau Unibanco Holding S.A. now owns 401 shares of the company's stock valued at $69,000 after purchasing an additional 233 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

PG has been the topic of several research analyst reports. Barclays raised their target price on shares of Procter & Gamble from $155.00 to $159.00 and gave the company an "equal weight" rating in a research note on Thursday, January 23rd. Morgan Stanley raised their price objective on shares of Procter & Gamble from $174.00 to $191.00 and gave the company an "overweight" rating in a research note on Monday, October 21st. Wells Fargo & Company upped their target price on Procter & Gamble from $176.00 to $180.00 and gave the stock an "overweight" rating in a research report on Thursday, January 23rd. Evercore ISI lifted their price target on Procter & Gamble from $180.00 to $183.00 and gave the company an "outperform" rating in a research report on Monday, October 21st. Finally, Royal Bank of Canada restated a "sector perform" rating and issued a $164.00 price objective on shares of Procter & Gamble in a report on Thursday, January 23rd. Eight research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Procter & Gamble has an average rating of "Moderate Buy" and a consensus price target of $180.53.

Insiders Place Their Bets

In other Procter & Gamble news, CEO Gary A. Coombe sold 47,847 shares of the firm's stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $179.84, for a total value of $8,604,804.48. Following the sale, the chief executive officer now owns 39,977 shares of the company's stock, valued at $7,189,463.68. This trade represents a 54.48 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Marc S. Pritchard sold 90,450 shares of the business's stock in a transaction on Thursday, January 23rd. The stock was sold at an average price of $163.84, for a total transaction of $14,819,328.00. Following the transaction, the insider now directly owns 172,814 shares in the company, valued at $28,313,845.76. This trade represents a 34.36 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 151,097 shares of company stock valued at $25,635,076 over the last three months. 0.18% of the stock is currently owned by insiders.

Procter & Gamble Stock Down 0.9 %

Shares of NYSE PG traded down $1.58 during mid-day trading on Tuesday, reaching $167.19. The company had a trading volume of 627,365 shares, compared to its average volume of 7,119,466. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.55 and a current ratio of 0.76. The Procter & Gamble Company has a twelve month low of $153.52 and a twelve month high of $180.43. The stock's 50 day moving average is $168.34 and its 200-day moving average is $169.41. The stock has a market capitalization of $392.02 billion, a PE ratio of 26.62, a price-to-earnings-growth ratio of 3.73 and a beta of 0.45.

Procter & Gamble (NYSE:PG - Get Free Report) last posted its quarterly earnings results on Wednesday, January 22nd. The company reported $1.88 earnings per share for the quarter, topping analysts' consensus estimates of $1.86 by $0.02. The company had revenue of $21.88 billion during the quarter, compared to the consensus estimate of $21.66 billion. Procter & Gamble had a return on equity of 33.00% and a net margin of 18.35%. The business's quarterly revenue was up 2.1% on a year-over-year basis. During the same period last year, the business earned $1.84 EPS. As a group, equities analysts anticipate that The Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 24th will be paid a $1.0065 dividend. This represents a $4.03 annualized dividend and a dividend yield of 2.41%. The ex-dividend date is Friday, January 24th. Procter & Gamble's payout ratio is presently 64.17%.

Procter & Gamble Company Profile

Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.